Saudi Arabia, Ukraine issue joint statement as talks kick off in Jeddah
Saudi Arabia and Ukraine issued a joint statement Tuesday following the visit of Ukraine President Volodymyr Zelensky to the Kingdom, the Saudi Press Agency reported. Saudi Arabia expressed hope that efforts would succeed in ending this crisis in Ukraine in line with international law and the United Nations Charter, including respect for the principles of […]
Saudi Arabia leads Arab nations in condemning Israel’s Gaza electricity cut
Saudi Arabia led other Arab nations Qatar and Jordan in condemning Israel’s decision to cut electricity supply to the war-battered Gaza Strip, calling in separate statements for the international community to take action. Israel announced on Sunday it was disconnecting the only power line to a water desalination plant in Gaza, in an effort to […]
Tadawul approves Morgan Stanley Saudi Arabia as market maker for 8 listed securities
Tadawul has approved Morgan Stanley Saudi Arabia to serve as a market maker for eight securities on the main trading platform and the parallel index, Nomu. The decision allows the financial services company to enhance market liquidity and improve price efficiency in accordance with regulations and procedures. Among the securities listed on the main index, […]
PIF launches Saudi Arabia’s first duty-free company to boost travel retail market
Saudi Arabia’s Public Investment Fund has launched Al Waha Duty Free Operating Co. as part of its strategy to capture a larger share of the Kingdom’s travel retail market, contributing to the nation’s economic growth. In a press statement, it was announced that Al Waha is the first Saudi-owned duty-free operator. The company plans to […]